INSURANCE TRUST

Your Benefits

We all know how important it can be to be properly insured. An insurance trust can be equally important in regards to receiving significant tax advantages. Insurance trusts are typically used to provide assistance in the management of insurance proceeds with respect to estate taxation.

Your Options

First Bankers Trust Services will receive proceeds payable under an insurance trust, and provide ongoing management and distribution of those proceeds.

Our Services

Tax rules regarding insurance trusts can be quite complicated. Professional assistance is often the answer, and can be beneficial as it is usually preferable for someone other than the insured to act as trustee. As Trustee, First Bankers Trust Services will handle all of the intricate insurance matters during your lifetime and assist your beneficiaries throughout the process.